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Search Results 65 to 164 of about 620 (some duplicates have been removed)
PBS
Dec 7, 2012 1:00am PST
of progress in washington towards a fix for the fiscal cliff. the only hopeful sign is that republicans and democrats are talking privately again. but they haven't worked out any of the big issues, including what to do about the nation's debt limit. washington will hit its borrowing limit early next year, darren gersh has the latest. >> reporter: sitting around the kitchen table with a middle class family in virginia, the president once again pressed for congress to avoid the fiscal cliff. >> if this family has a couple of thousand dollars less to spend, that translates into $200 billion of less consumer spending next year. and that's bad for businesses, large and small. >> reporter: behind the scenes, the two sides are talking again. but there was no progress in public. senators today fought over the debt limit, and ended up deadlocked over a bill to allow the president to automatically increase borrowing. >> he's shown what he is really after is unprecedented powers to spend taxpayer dollars without any limit at all. >> reporter: if the debt limit isn't raised, the country can't pay f
PBS
Dec 7, 2012 4:30pm PST
it meets next week. erika miller, "n.b.r.," new york. >> tom: with the fiscal cliff about three weeks away, washington hasn't made much progress to avoid it. that was the assessment from one of those directly involved: house speaker john boehner. the top republican today accused president obama of, "slow walking", the economy to the edge of the cliff. he repeated his call for the president to send congress a plan that can pass both houses of congress. tax rates are the major sticking point. the president wants to raise them for america's highest earners, house republicans strongly oppose: >> instead of reforming the tax code and cutting spending, the president wants to raise tax rates. but even if the president got the tax rate hike that he wanted, understand that we would continue to see trillion dollar deficits for as far as the eye can see. washington's got a spending problem, not a revenue problem. >> tom: congress and the president have 24 days to reach a deal, before the fiscal cliff's tax hikes and spending cuts take effect. >> susie: mark zandi says "bad things will happen to the e
CBS
Dec 10, 2012 4:00pm EST
'll wjz, wash -- wjz, washington. >>> president obama is selling his plan to avoid the fiscal cliff to auto dealers near detroit. >> i want us to bring down our deficits. but i want to do it in a balanced, responsible way. >> the president's latest campaign appearance follows a meeting with house speaker john boehner. sources tell cbs news, both sides remain hopeful. but little progress was made. the president has made has made clear, any deal must include the wealthiest americans paying more taxes. if the president and speaker boehner can't reach an agreement to avoid the fiscal cliff, taxes for all americans will go up and across-the-board spending cuts will kick in on january 1st. >> reporter: there are signs some republicans are now willing to compromise on taxes, if they can secure cuts to social security, medicare, and medicaid. >> you give the president the 2% he's talking about, the rate increase on the top 2%. and all of a sudden, the shift goes back to entitlements. >> reporter: one proposal under discussion, raging the eligibility age
PBS
Dec 5, 2012 5:30pm PST
cliff deal in washington. the dow jones industrial average gained more than 82 points to close at 13,034. but the nasdaq fell nearly 23 points to close at 2,973. the day's big loser was apple, down more than 6% over concerns that smart phone sales are lagging. former texas congressman jack brooks has died. he served 42 years in the house, and was in the dallas motorcade on november 22nd, 1963 when president kennedy was assassinated. hours later, brooks was on hand as vice president and fellow texan lyndon johnson was sworn in to the presidency. later, brooks helped author the 1964 civil rights act, and he drafted the articles of impeachment against president nixon. jack brooks was 89 years old. those are some of the day's major stories. now, back to gwen. >> ifill: lawmakers stepped up the rhetoric, but grew no closer today to agreement on how to avoid slipping over the so- called fiscal cliff. but each side demanded the other compromise. "newshour" congressional correspondent kwame holman begins our coverage. >> i have to just tell you that is a... that is a bad strategy for america
CBS
Dec 6, 2012 7:00am EST
, are they prepared to go over the fiscal cliff. >> absolutely. >> fiscal cliff negotiations in washington, still up in the air. most lawmakers have gone home for a long weekend. >> i'll be here and i'll be available at any moment to sit down with the president if he gets serious about solving this problem. >> the duchess of cambridge has left hospital. there for morning sickness. >> how are you feeling this morning, kate? >> as of today, possession of small amounts of marijuana is legal in the state of washington. >>> now the 55th annual grammy awards revealed. the top contender, kanye west and jay-z. >> he's got it. kobe bryant. the greatest player in the history of the los angeles lakers. >> all that, ready for your mistake? >> yeah. i'd like to hear it. >> can eating while driving be distracting. >> no! >> and all that matters. >> former senator alan simpson is bringing his meg aboutssage about the national debt to a new generation. >> gangnam style. >> on cbs "this morning." >> the star? a toddler and tiaras earning a spot on barbara walters list of the 20 most
CNN
Dec 6, 2012 2:00am PST
what washington needs to crack the whole fiscal cliff thing wide-open. all i'm saying is i think it has the power to bring people together simpson style. that's it for us. thanks for watching. "early start" begins now. >>> new this morning, tanks and personnel carriers stationed outside the presidential palace in egypt, clashes turning deadly overnight. rage at the new leader fears he may become the old leader. we're live from outside the palace in 30 seconds. >>> plus new reports that syria is putting chemical components in bombs. the details, straight ahead. >>> as of this morning for the first time in the history of our country, it is now legal to smoke pot for recreational purposes in a state and we are there for the pot party. good morning, welcome to "early start." i'm christine romans in for john berman this thursday morning. >> i bet you never thought you'd say that, live at a pot party. >>> good morning to you, i'm zoraida sambolin, 5:00 a.m. in the east here. >>> tension has quickly turned to deadly violence in egypt. this morning, tanks and armored personnel carriers are guar
NBC
Dec 6, 2012 12:00pm EST
on the fiscal cliff, so why are so many lawmakers had enough of washington? later, we are joined with a later, we are joined with a hyundai -- holiday-themed >> negotiations in washington are up in the air and with nothing to vote on most lawmakers are headed home for the weekend, but legislators are likely to get an earful about their lack of progress. >> lawmakers getting a lot of washington while they can. >> we have heard eric cantor and house republicans forcing members to be in town for the christmas holiday if the deal is not done before that. >> leave us alone. >> these are the frustrated constituents they will face it social security jobs are cut. >> there will be backlog and disabilities will skyrocket. processing times will skyrocket. >> the few lawmakers left on capitol hill will get some advice when economist mark zandi testifies, and more fallout according to the treasury secretary. >> his did administration prepared to go after the fiscal cliff? >> absolutely. >> a source tells of president obama and john boehner spoke by phone. >> we cannot negotiate by ourselves. >> the hold
CNN
Dec 9, 2012 3:00pm EST
the storm clouds. the fiscal cliff is fixable, but every day washington fails to make a deal, more damage is being doing. john king, ken rogoff and diane swan, chief economist at mezaro financial. john, right now, this is more politics than the economy. some people are saying don't sweat it. the threat of going over the fiscal cliff is overblown. it will get done. an 11th hour deal. john, as you read the politics at play, what do you see? >> i see both sides digging in. you've just played the president saying i want that rate hike. the republicans are saying mr. president, we'll give you the revenues, but not through a rate hike, but the president believes he won the election and he's upped the ante. says he wants twice as much in tax revenues than a year and a half ago, so the president believes he has the higher ground. i think maybe the democrats have a deeper trench, if you will. they have public on their side. but if you talk to people in washington, there's still this sense that at a last minute, reason will prevail, but there's not a lot of optimism. you know this and my colleagues
ABC
Dec 7, 2012 11:00pm PST
the fiscal cliff deadline. no progress was made in washington. the main sticking point are about tax cuts that are set to expire and the president's demand that the wealthy pay more in taxes. the uncertainty of what is going to happen is starting to have an impact on donations to charity. abc7 news reporter ama dates dates is live in the newsroom. >> it is possible the tax deduction for charitable giving could be capped next year. so the question is do you hold on to your money during the financial uncertainty or donate more while you know you will get a deduction. for one charity in san francisco it seems people are doing a little of both. the food pantry at the st. anthony foundation is in good shape today, but overall donations are down for the year. >> we are a little bit behind where we would like to be, where we are budgeted to be. >> the interim executive director says the charity is seeing interesting trends this holiday season that may have to do with the impending fiscal cliff. >> we are seeing people who have never given us a stock donation before stepping up and making that ki
PBS
Dec 7, 2012 4:00pm PST
. >> christine lagarde, the fiscal cliff, how concerned are they about the ramifications? >> people around the world are concerned about it. it appears to be the case there was more concerned about the eurozone than the fiscal cliff. now things have changed and there is more concerned about the fiscal cliff. they asked about a resolution. >> what could the impact speed? we are looking at a time when the global recovery is fragile at best. >> of u.s. is 20% of the global economy. if the u.s. suffers as a result of a fiscal cliff, a complete wiping out of its growth is going to have repercussions around the world. probably half of that. if the u.s. economy has less growth, it will probably be 1% less in mexico, canada, probably less so in europe and japan. but there will be a ripple effects. >> are you worried about it? >> yes. of course i worry about it. the u.s. is a big chunk of the global economy. it has often been a driver of growth. and to have that player virtually flat, if not in recession, would be bad news for the rest of the world. we do not need that because recovery is fragile.
KRON
Dec 6, 2012 5:00pm PST
the fiscal cliff. in washington, emily schmidt, kron4 news you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12 years. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ a fresh-cut tri tip sirloin served with a succulent lobster tail. just $16.99. sizzler. >>pam: now for today's market update. stocks post little gains amid the ongoing budget talks in washington. apple stock rebounded from yesterday's drop off. after c-e-o tim cook said the company would start making next year. gabe slate tech report which is spoken of tech report and also, the dow gained nearly 40- points to close above 13- thousand. nasdaq was up 16. and the s-and-p-500 gained five points. >> watching today's winners and losers zinga.. >> today it is a when winner? >> yes, facebook and farm ville.. relationship went sour but now, after a >
KRON
Dec 4, 2012 5:00pm PST
.. as investors continue to monitor talks to avoid the "fiscal cliff" in washington. the dow fell nearly 14 points to close just shy of 13-thousand. the nasdaq dropped five-and-a-half points to fall below 3-thousand. and the s-and-p-500 finished the day down two points. >> the ceo of bank of america came on the cnbc. we are starting to see businesses slowed down perhaps a recession in 2013 that could linger into 2014. if you do not come off and come up with some answers, compromise but not compromise would move forward but because the in decision is paralyzing. >> banks seem to be doing pretty decent with the quarterly profits. >> a slight increase i know that americans do not like banks or do not trust banks. however, loan balances have increased by $65 billion in the third quarter your loans are failed. more money is being collected. that is the lifeline, the blood of our economy the bank profit will drive the economy, the economy will drive the stock market. >> let us go back to the losers. they have violated their privacy? >> that does not relieve that surprising they are settling of of court.
KRON
Dec 11, 2012 6:00am PST
and house speaker john banner and the fiscal cliff in a this side seems willing to bend. the president insisting that the expiring tax cuts be renewed for all but the wealthiest americans. the republicans insisting they're deeper cuts in entitlement programs like medicare. neither side has given the very many specifics of what they plan to cut. a likely compromise would include tax increases on the top tax bracket from 35 to 37%. and cigna because the medicare and the debt ceiling is also looming in these talks. the treasury saying the u.s. is likely to hit its 16 part 4 trillion dollar debt limit by the end the year. the treasury could use of credit measures that would stave off any u.s. debt default until mid february. a lot to deal with for congress. they have to get a deal done. they really only have the next week and half before they go on recess. as far as where the talks are right now? they are nowhere. >> we will be back in a couple of minutes. watching wall street the dow finished with a modest gain of 15 points. dow futures are up 35 ahead of the opening bell. we're getting o
CNN
Dec 7, 2012 2:00am PST
is live in washington. nice to see you. new polls. what do americans want to see in a fiscal cliff deal? >> the polls are at these num, the big sticking points, should taxes be raised on those making over $250,000 a taxes would be raised if there's no deal to avert the fiscal cliff. yesterday as you said, the president was in northern virginia meeting with a middle class family who would suffer if there was no deal. last week the president went to suburban philadelphia, to a small business again to make the point of his side in these fiscal cliff negotiations. different than a year and a half ago when the president dealt only with republicans in congress. this time he is taking the case to americans and getting outside of washington, d.c. congressional republicans not so happy that the president is doing this. >> we understand that. paul steinhauser live in washington, thank you. >>> let's talk more about the fiscal cliff. we have the washington correspondent for the new yorker and cnn contributor ryan lizza with us. john boehner and the president in a room, just the two of them. good i
FOX News
Dec 6, 2012 3:00pm PST
. >> all of the attention today in washington is on the looming fiscal cliff. president obama administration is quietly handing over billions of dollars to the united nations in the name of global warming. >> that was the opening salvo of a recorded message that was sent to qatar where they joined 200 countries around the world this week at a united nations climate issue summit. negotiations continue regarding a large scale climate treaty to be signed by 2015. while the u.s. senate would have to ratify any international treaty by two-third vote, inhalf says he and others are more concerned about the domestic regulations. he continued to press white house about why the administration failed to issue reports on pending regulations in april and october as required by law. the white house wouldn't explain the last to us, the source says the federal agencies are in the process of pulling together that information. bret? >> bret: thank you. there are a lot of extremely happy people in washington state tonight at the stroke of midnight, hundreds lit up under the seattle space needl n
MSNBC
Dec 11, 2012 6:00am PST
will depart washington in february, but not before weighing in on the fiscal cliff. welcome back. >> thank you. >> congressman, let me start just a question to both of you. would you describe yourself as disappointed, bitter, upset? how would you describe your post-election feelings? >> i don't know if i'm angry, disappointed. any of those things. new chapter in life. i wish i would have won, but that didn't happen. the voters made a different decision. i'm still very passionate about the things that brought me to the congress in the first place and i hope to continue to stay in that fight. so, i don't have any of those emotions of feeling like a negative feeling at all. >> are you in the same place? you were in a very close race. >> i guess a little bit different. the number one take away is the absolute privilege of being able to serve the 14 years that i served you can't help but look back and be really appreciatative that i had the opportunity to be here and make my mark. no doubt there is a grieving period when you lose an election, but i worked quickly through that point and very excited
CBS
Dec 9, 2012 6:00pm PST
teams. >> reporter: but now with the post-election budget fight in washington over the fiscal cliff, hudson's business faces a battle on three fronts. all of which are up in the air. defense cuts, tax hikes, employee health-care costs. >> uncertainty kills businesses, because you can't plan. you can't program, you can't forecast. >> reporter: with defense spending on the chopping block, even with congress avoids the fiscal cliff, hudson predicts that 15% slowdown in orders next year. >> it could be june before we start seeing orders and if that's true, i will end up laying off people. >> reporter: hudson is also concerned about taxes. because it's profits are treated as income, that puts them over $250,000 a year. the level where president obama wants taxes to go up. >> i'm supposedly a rich guy? i don't think so! i think we ought to pay our share. but that could have a significant impact to the point that i may have to lay off one or two more people. >> reporter: the financial impact of the affordable health care act is also a question mark as the plan slowly phases in. >> i believ
FOX
Dec 7, 2012 5:00am EST
fiscal cliff... was designed to preserve disaster relief funds, congressiinal ides say. ut theestaggering costs associaaed with sandy far surpass the monee available. 3 there's a lot riding on the -3 there's a lot riding on the redskins game... for howard - countt exxeutive ken ulman. ulman... who's a huge ravens fans... issued this challenge executive rushern baker... baker..."iq: i got a challenge for you... oq: proudly wear an rg3 jersee for n entire 3 dayy" that's right.ulman issso confident that the ravens will &pwii... he's agreed to publicl hhppen.baker would be forced to wear thaa hhlott ngata jeeseyythat you saw if the redskiis lose.baker said he would eave the decision on hhs twitter followers.so to far... moot are telling him to gg for it. you can check ouu tte ntire video nd other videos on ouu pew website linkk.. "around the web."it's on the left-hand side of theewebbite... under hot opics. cominn up on the early edition... a man shares the ups and downs... of his wwight loss joorney. journey.hawthorne says: "for &ptwo yeaas i sat on the couch and ate mys
FOX Business
Dec 9, 2012 10:00pm EST
should be in trouble with the law. is the season for giving, but don't let washington fiscal cliff talks cloud your judgment for finding the best cherries for your dope. our experts shares tips on what you need to know. we are on the case next on "the willis report". ♪ gerri: big changes coming to tech giant ibm that may change the way you ave for ♪ gerri: there is the story out there not getting a lot of attention today that you need to hear abou particularly if you care about your retirement. ibm overhauling its retirement program. instead of contributing to its employees 401(k) over time,he company will opt to contribute a lump-sum payment once per year. this may not sound like a big change, but the move undermines the very idea of retirement savings. look, the attraction of a fox business is the idea that you leveled out what you pay for in investments over time. stock prices go up, they go down, but over time you average out your risks and your cost. i call it dollar cost averaging. but with ibm's new plan, the advantage of its lead disappears. this would not be such a big deal,
FOX Business
Dec 12, 2012 6:00pm EST
.com. >> this is a test. >> washington fiscal cliff talks raising billions of dollars in november compared to the previous month. it is up, believe it or not, $1.1 trillion coming year-over-year. will this put pressure on the white house and congress to put big spending cuts on the table? let's ask scott garrett of new jersey and vice-chairman of the budget committee. $1.1 trillion deficit for 2012 budget. that is just not there. >> it is not good. i understand that you're going to have a marriage counselor? [laughter] so i assume the answer is that one of the issues that lead to a breakup is right overspending. that's what we have here. tracy: we are dying to know why we can't get this figured out. >> well, just as in marriage, to solve the problem on spending some you have to sit around a the kitchen table and get open the checkbook. i guess that is the exact same thing that needs to be going on here in washington. speaker boehner has been trying to do that. the money is just flowing out, we will continue to talk about the legislature and the president has not come to the kitchen table with a real plan.
FOX Business
Dec 7, 2012 9:00pm EST
. is the season for giving, but don't let washington fiscal cliff talks cloud your judgment for finding the best cherries for your dope. our experts shares tips on what you need to know. we are on the case next on "the ♪ [ male announcer ] how could switchgss in argentina, change engineering in dubai, aluminum production in south africa, and theerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidedence. request a prospectus or summary prospectus with investment information, risks, feesnd expenses to rd and consider carefully before investing. ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride get the mercedes-benz on your wish list at the wint event going on now through december 31st. [ santa ] hoho, ho! [ male announcer ] lease a 2013 e350 for $579 a month at your local merces-benz deale ♪ gerri: big changes coming to tech giant ibm that may change the way you save for ♪ gerri: tre is the story out
MSNBC
Dec 10, 2012 9:00am PST
in nature. then again, it could look like fiscal cliff part two. washington is washington, after all. telemundo jose diaz bullart lends his intelligence and wit to an increasingy horny topic. jose, it's wonderful to see you, as always. >> thank you, alex. what a pleasure. pleasure to see you. you know, it's interesting, alex. the folks that love -- i'm sorry. go ahead. >> oh, i was just going to say there has been this sense that everyone was going to settle under a rainbow and sit at the pot of gold and come up with comprehensive immigration reform, but now we are starting to see some fractures, some discussion that certain elements of the republican party are not going to be okay with a comprehensive immigration reform package. where do you stand on this? do you think that -- >> it's interesting. do think the process helped the gop among latino voters? >> no. no. it's interesting, alex, because the same people that love a tax amnesty hate apparently citizenship possibilities for 11 million people that have been here for many years. many of them have children and grandchildren born
MSNBC
Dec 11, 2012 10:00am PST
take on what we've just heard from governor snyder and also the current state of the fiscal cliff negotiations in washington is our colleague and friend ruth marcus from "the washington post." columnist for "the washington post." ruth, this whole issue in the midwest, this used to be most likely in the southern states, but this really is moving, and we're seeing a real decline in union household membership about half what it was 40 years ago. it used to be 24%. now it's 11.8%. >> unions are reeling, and the more states that enact measures like this, the more unions will be reeling. their penetration, the private sector is something like 7% of the private sector work force is unionized, and i have to say -- i don't use words like this very often, i thought some of the governor's comments were kind of orwelian to suggest this was a pro-worker move. it's clearly a move that may help businesses, but what a kick in the teeth to autoworkers unions, who as you correctly point d out, gave a lot back to help the auto industry get back on its feet, the notion that we had to do this now with
CBS
Dec 5, 2012 5:00pm EST
to back away from the fiscal cliff. political reporter pat warren was with social security employees as they protested in baltimore today. >> marylanders at home and in washington know what's at stake. >> sequestration is something that we have to make sure we avoid. >> over hamp a million-- half a million marylanders depend directly on the maryland government for their job. >> the middle class has suffered enough. all will be affected if we allow the fiscal cliff to happen. >> reporter: taxes and cuts bring governor o'malley and a bipartisan group of governors to washington to offer their thoughts on the fiscal cliff, urging republicans and democrats to work together to avoid automatic increases and spending cuts set for the end of the year. in baltimore, a group of demonstrators outside the social security office made their feelings known, urging a resolution that does not include cuts in social security jobs and services. >> we're concerned about the cuts in social security. and we would like to see them change. and we don't want to see our p
FOX
Dec 5, 2012 7:00am PST
fiscal cliff is wildly exaggerated. >> a pew washington post poll shows more americans think the president and congress will not come to an agreement on how to avoid the fiscal cliff by the end of the year. 49% to 40%. >>> although the nhl season is still on ice, hockey will return to the hp pavilion in san jose. that's because the minor league will play a game december 17th there. they will take on the stockton thunder. the sharks say their season ticketholders can receive complimentary passes. there's still -- complementary passes. >>> 8:19. who is the most overpaid actor in the world? well, "forbes" magazine says it's eddie murphy. they list murphy at the top of the 2012 list of the most overpaid actors. they said his last three movies were flopped and for every dollar he was paid, the studios only paid $2.25. katherine heigl came in number two. for every dollar she earned, the studios earned about 3.40. reese witherspoon, her latest movie "how do you know" took in $50 million but it cost the studio more than double to make it. >>> well, controversial comedian katt william
CSPAN
Dec 8, 2012 8:00pm EST
the national christmas tree. >> tomorrow on washington journal they discuss the latest on the fiscal cliff negotiations. they look at the role of lobyists in those fiscal cliff negotiations. and an update on the situation in syria. washington journal live at 7:00 a.m. on c-span. >> by a majority of 6 to 3 and they are going to say that is precedent. and indiana had a -- >> they decided on the indiana case it was constitutional for them to establish i.d. they did not say that all of those states who have subsequently done that -- >> let me finish because you misrepresent what i said. >> hold on. >> that's the law of the land. >> when i hear these accusations that black people, voter i.d. laws disproportionately affect minorities, it implies to me we have something missing in our brain. to me if white can get i.d.'s to vote and follow the processes to follow the laws, what are you telling black people? that they are not good enough, that they are lesser than and that bothers me from democrats on the left that we always have to make special -- there has to be a specialness when we deal with m
ABC
Dec 10, 2012 5:00pm PST
that fiscal cliff, california has an awful lot to loose. more than other states, in fact. >> washington is sounding like sacramento these days waiting until the last minute to reach a deal, a trigger cuts if one isn't reached. as washington waits to come up with a deficit reduction, it's becoming clear california has a lot at stake if the fiscal cliff isn't averted. the state could lose $4.5 billion in federal funds. the legislative analyst office estimates the budget may shrink by $11 billion over two years. >> people think the economy would be drawn into recession. just like any recession that would affect state economy, revenues and result in billions of less tax revenue for the state.@sh >> southern california could be hit hard. a loss of 135,000 jobs last year. another recession is the last thing they want. they're urnling leaders to come to an agreement. >> if it continues to slow as much as it is now, it's fine, if at all. >> because voter as prove td prop 30,i sales tax will go up one quarter of a percent. high wage earners will are to pay more. if the bush tax cuts are loued t
FOX Business
Dec 11, 2012 11:00am EST
away from tree to be event, up 109 points. john boehner taking fiscal cliff talks and that is raising hopes among traders. cheryl: we are going to take a look at what is beyond the fiscal cliff even of washington save the country from going over that cliff we have a stock panel that has lots of worries and a bit of hope that. dennis: which makes some buzz codes when the dow is up 111. michigan's capital and besieged as protests over the right to work legislation has taken an ugly turn. we are live. cheryl: never know what is going to happen with jeff flock covering that story. we're coming up on the top of the hour. stocks every 15 minutes and nicole petallides on the floor of the stock exchange with a nice triple digit gain. nicole: what a gain on wall street. we have three straight weeks of gains to new recent highs. looking at 13,300 on the dow jones industrial, that is good and the s&p 500 calm, holding above the 1400 mark. they were worried when we were breaking down below and we are continuing the trend to the upside. one of the reasons is europe, europe has been a break out and
FOX News
Dec 11, 2012 3:00am PST
that gives workers the right to not pay dues. >> steve: washington can't find a solution to the fiscal cliff . but someone who fixed budgets in the past know it is simple. >> if i raise taxes again i will have to do it in two or four years . people are going to leave. >> steve: find out how america's mayor did it straight ahead. straight ahead. feel a cold coming on? gretchen, you will be better in no time. we'll drink to that. >> you will be better in no time and all of my teases will rhyme today. "fox and friends" starts right now. ♪ ♪ "fox and friends". >> steve: ho, ho, hompt look who is here today eric boling. >> gretchen: you get your own personal lurch. >> eric: good to be here. >> steve: you will find out how booze, beer and wine can make you healthier. the news we have all waited for. >> gretchen: yeah, a lot of people waking up with a headache. now it makes sense why i drank so much last night. overnight a developing story. a medical chopper went down last night leaving three people dead. the chopper which is reggistered to rock ford memorial hospital it went down in a field .
MSNBC
Dec 6, 2012 8:00am PST
around washington, d.c., and he does have a point. so if the fiscal cliff talks were happening in texas, there would be lots of talk of the two-step, but they are not. former president clinton describing the negotiations as a different kind of dance. it's a kabuki dance, sort of like two dogs that meet each other through a piece of meat. sniffing each other out. they're moving towards a deal. that's what's going on. clinton is optimistic a deal will be reached. ♪ >> and start using those precious social media skills -- >> it's all about gangnam style for former senator alan simpson. that's how he's trying to get his message out about the fiscal cliff. he explained why this morning on "today". take a look. >> i thought the guy said pretending you're riding a horse and lassoing steer. let me tell you, you have to reach young people. >> it's hard to read when you're coughing and laughing all at the same time. it's problematic, people. so, from alan simpson to the animated simpsons, mr. montgomery burns explains the fiscal cliff. >> think of the even xhooe econd the ri as a car. if you do
NBC
Dec 10, 2012 4:30am EST
republican from congress. i am tracie potts in washington with an update on the fiscal cliff. >> we will up the yo [captioning made possible by constellation energy group] captioned by the national captioning institute --www.ncicap.org-- >> you're watching wbal-tv 11. live, local, late-breaking. this is 11 news today at 5:00 a.m. >> [cheers] >> [cheers]
CNN
Dec 7, 2012 1:00pm PST
on "state of the union." let me play a clip. what happens in fiscal cliff negotiations in washington could have a huge impact around the world. >> there's still that degree of uncertainty that fuels doubt, that prevents investors, entrepreneurs, households from making decisions because they don't know what tomorrow will be. they know that a fix has been found for today but there is still work to be done tomorrow and day after tomorrow. so it would be much better to actually have a more comprehensive approach and to deal with all of the issues. >> and americans should realize what happens around the world. we export so much, so many american jobs are dependent on how the economies in europe, asia are doing that they're watching this very closely. >> absolutely. one of the things she said i found interesting, first of all as you heard, she says listen, the idea of let's have the middle class tax rates remain the same, work the rest out next year, we need a big approach here, precisely because it does effect so many other economies in the global economy. she was less bullish on the idea that
MSNBC
Dec 10, 2012 2:30am PST
. ? in washington, closed door meetings with the president and john boehner. >>> in the midwest, the fiscal cliff is the latest thing on people's minds as the first blizzard of the winter brings the region to a halt, highways closed and scores of flights canceled. that story is just ahead. >>> first, let's get to the news live at 5:30 here at "30 rock" in new york city. well, we begin with the new urgency in the fiscal cliff negotiations with now just 21 days, three weeks to reach a deal. today president obama returns to campaign mode taking the fiscal cliff message to detroit. yesterday the president and speaker boehner met privately at the white house, their first face-to-face meeting since they agreed last week to clear everyone else out of the negotiating room. so what happened? well, neither side revealed anything about the meetings, only saying that the lines of communication remain open. but yesterday another influential republican, senator bob corker from the senate banking commission said his party should consider the president's idea of raising tax rates on the wealthy. >> there is a gr
CNN
Dec 6, 2012 4:00am PST
your business this morning, markets in a holding pattern as fiscal cliff talks continue in washington. but the s&p 500 is up 12% so far this year. and a 20-year veteran investment strategy at goldman sachs, abby joseph cohen, she estimates stocks could rise another 10% to 15% next year. she says the fundamentals of the u.s. are solid, despite the fiscal cliff concerns coming out of washington. she says stocks could get hit in the early part of the area if we go over the fiscal cliff, but the fundamentals of the economy are still good. >>> all right. apple stock dropped more than 6% yesterday. shares were down about half a percent in pre-market trading this morning. no concrete news pushing them down, but today there's another hearing in the patent case with samsung in california. and a tech research report generatored a lot of buzz that apple's tablet competitors could eat into its market share. >> interesting. >> thanks, christine. >>> well, the good news is, let's do the fiscal cliff and the good news. and it's not very much. but at least the two sides are talking, by phone. not fac
CBS
Dec 6, 2012 12:00pm EST
if the country goes over the fiscal cliff. on capitol hill lawmakers are talking about the consequences of taxes going up. danielle nottingham has the latest for wjz from washington. >> lawmakers are getting an earful about why they need to avoid the fiscal cliff. >> you have to nail this down. uncertainty you is -- is killing us. >> top economists came to talk about it. president obama and john boehner spoke wednesday but publicly are holding firm on their positions. the white house has made clear the country could go over the cliff if republicans refuse to raise taxes on the top 2% of american earners. republican leaders say they will close loopholes and eliminate tax breaks to raise money but insist that bush era tax cuts must be extended for all americans. the stan stand -- stand off and the debt concerns ryan skenke. he's the guidancing with the cochair of the president's deficit commission alan simpson. the group is working to get young people involved in fixing the debt crisis. >> we're trying to connect with our generation in a different way. we're using humor to hook them in and get th
CNN
Dec 9, 2012 1:00pm PST
are watching closely the negotiations in washington over the fiscal cliff and that a lot of consumers are taking a wait and see approach, reluctant to go on a spending spree. >>> okay, i know you've got them, you've got questions about the fiscal cliff, so get them to me by tweeting them to me at my handle at allisoncossack and we'll handle as many as we can during our 5:00 hour. >>> now to the latest on that tragic story out of britain. the investigation continues into the apparent suicide of a nurse at the hospital where the duchess of cambridge is being streeted. she took a prank phone call from two radio deejays -- he called the whole thing truly tragic and also said that we are anxious to review the results of an investigation. the family of the nurse posted about her on facebook. her daughter wrote simply, i miss you, i love yochlt. >>> this dallas cowboys took the field against the cincinnati bengals without two players, linebacker jerry brown jr. was killed early yesterday when the car he was riding in hit a curb at high speed in irving, texas. police say the mercedes went 900
CSPAN
Dec 11, 2012 10:00am EST
on the fiscal cliff. this morning "washington journal" talk to a business representative about his take on the negotiations. host: let's begin with what is business forward, how did it come about? guest: is simple mission. our job is to make it easier for business leaders in the country who care about policy issues but did not have a washington office or a lobbyist, to speak about the issues of public policy. host: is this a brand-new organization? who is involved? >> we have been around 3 1/2 years, supported by some of the biggest companies of the world, with business leaders are in the country. we go out to small business owners, entrepreneurs, venture capitalist to get them involved in policy-making. what we do is we bring administration officials, members of congress, governors out to cities around the country to be briefings with business leaders. what we also do is bring the business leaders to washington. we tell them how to grow jobs and accelerate. host: what did the business leaders say to the president and how did it come about? guest: we have been doing this for a year, bri
CBS
Dec 10, 2012 4:00am PST
in washington over the fiscal cliff he faces a battle on three fronts, all of which are up in the air. defense cuts, tax hikes, employee health care costs. >> uncertainty kills businesses because you can't plan, you can't program, you can't forecast. >> reporter: with defense spending on the chopping block, even if congress avoids the fiscal cliff, hudson predicts a 15% slowdown in orders next year. >> it could be june before we start seeing orders, and if that's true, i will end up laying off people. >> reporter: hudson's also concerned about taxes. because his profits are treated as income, that puts him over $250,000 a year, the level at which president obama wants taxes to go up. >> i'm supposedly a rich guy? i don't think so. i think we ought to pay our share, but that could have an impact to the point that i may have to lay off one or two more people. >> reporter: the financial impact of the affordable health care act is also a question mark as the plan slowly phases in. >> i believe in families and supporting the employees, but, again, it's a big unknown. we looked at whether it might b
PBS
Dec 5, 2012 4:30pm PST
than its namesake metals. we'll explain. more tough talk today from washington on the fiscal cliff: treasury secretary timothy geithner said he's willing to go over it if republicans don't agree to tax hikes for the wealthiest americans. president obama said basically the same thing but added one more hard line to the negotiations. >> if congress in any way suggests that they're going to tie negotiations to a debt ceiling vote and take us to the brink of default once again, as part of a budget negotiation-- which, by the way, we have never done in our history until we did it last year-- i will not play that game. >> late todathe president spoke by telephone with house speaker john boehner. no specifics on what they said to each other, but it was their first conversation in a week. eventually the two sides will get down to bargaining over specifics, including entitlements. one idea may be to change the way the government measures inflation. that may sound like a small change, but, as darren gersh reports, it could have a big impact. >> reporter: if the price of oranges goes up, cons
FOX Business
Dec 12, 2012 1:00pm EST
: 19 days to go until the fiscal cliff congressional republican leader vowing to stay in washington until a deal gets done. lori: we will get john carney's take on all of this right ahead. here are some losers and winners on the s&p 500. ♪ can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you knowwe've been op all ght. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the conn
ABC
Dec 5, 2012 4:00am PST
watching this fiscal cliff drama. paula? rob? >> drama, indeed. tahman bradley, live in washington. thanks, tahman. >>> and a top republican may be among president obama's choice for his reshuffled cabinet. former senator chuck hagel of nebraska is said to be on the short list for secretary of defense. the president is expected to announce his nominees in the next two weeks. >>> and looking frail and also in a wheelchair, former senator bob dole made a surprise appearance last night on capitol hill, just days after being released from the hospital. dole was pushing for passage of a u.n. treaty guaranteeing equal rights for the disabled. but his efforts were in vain. republicans blocked approval of the treaty, saying it threatens national sovereignty. >>> also, a political passing announced overnight. long-time texas congressman, jack brooks has died. you can see brooks in this very famous photograph of lbj being sworn in as president aboard air force one. he is standing just behind a grief-stricken jackie kennedy. brooks died last night in beaumont, texas, after a sudden illness. he was 89
ABC
Dec 9, 2012 6:30pm EST
to find a deal on fiscal cliff. wherego to the newsroom richard will tell us. president and house speaker john boehner met privately. both emphasize the lines of communication remain open. one person watching all this is a woman with to power brokers on capitol hill. f is very muchclif the mind of linda. they need to put aside these differences they have. of 10 employees at the capitol hill that counts house itsker john boehner among customers. she worries about the year and a possible government cutbacks. >> they are our main source of keeping the business open. if it goes down any further, we might end up closing up. k of a deficit deal a $800 billion in domestic and defense cuts that family taxes could rise $3,500. is going to be a lot of suffering among a lot of people who deserve otherwise. the white house wants a tax on the rich and increase on the debt limit. say tax tight cost american jobs. medicare is going bankrupt, inability will be bankrupt two years. of democratsity republicans to reach a compromise is frustrating to about socialry security and medicare benefits. a lot of ti
CNBC
Dec 5, 2012 4:00am EST
council in washington at 10:45 eastern as he pushes for a budget plan to avoid the fiscal cliff, that includes high tax rates for the wealthy. house republicans are meeting with small business owners today. lawmakers are divided on how much they should compromise with the white house. this is a day after the house speaker john boehner unveiled a budget proposal that included some revenue concession but he faced heavy criticism. mitch mcconnell wouldn't publicly endorse boehner's plan, while jim demint says it would destroy jobs. at the same time, the kkr co-chairman and ceo henry kravis says uncertainty is the main reason why investing isn't happening right now. he says many companies are rushing to close deals before the end of the year, concerns about whether the capital gains tax will rise. he says the fiscal cliff shouldn't be a big issue, and if businessmen got into the room they could solve the problem much faster than congress. >>> adding his tuppence, he says they'll have to get used to it and the fiscal cliff is one of the reasons. >> we have structural influences that
CNBC
Dec 7, 2012 7:00pm EST
. with the countdown to the fiscal cliff at 24 days, the "washington post" reporting today that federal agencies are sharpening their plans before spending cuts, layoffs, fur lows and just general old down sizing. all if president obama fails to strike a deal, which i believe is increasingly likely. let's brung in distinguished fellow at the heritage foundation, form congressman old friend. ernie, i'm not shedding any tears over this. i think these fur lows and layoffs and downsizing is just what they need. >> i understand that the labor department report which came out today shows that 73% of the new jobs created since june are government jobs. we have 20 million people working for government at the federal, state and local level right now. and i can't tell you the exact mix between federal, state, local, but i do know that a huge number of the people who are on t payrolls are actually getting the money for those programs from the federal government. so the federal government should stop subsidizing states and cities and for that matter should not be putting extra burdens upon them with a lot o
CNN
Dec 5, 2012 2:00am PST
, the fiscal cliff isn't all they're talking about in washington these days. they're also talking playoffs. cnn's brian todd has a closer look at the teams' rookie savior. >> reporter: nicknamed rg3, this 22-year-old has mesmerized the entire city, captured the hearts of football fans throughout the nation's capital. a 2011 heisman trophy winner from baylor and number two overall pick, rg3 is helping to instill a winning attitude as the redskins rebuild. >> accelerating, sliding down, lost the ball, into the hands of joshua morgan. >> reporter: he may be the only person who can actually unify washington. redskins rookie quarterback robert griffin iii. the phenomenon that is rg3 seems to be immuned to pressure. he took another step closer to an improbable playoff run by leading the redskins to their third consecutive win monday night over the defending super bowl champion new york giants. cnn spoke to him in may, shortly after he was drafted. >> it's not about, hey, we're a team that have only made it twice in the past 12 years in the playoffs. it's a team, we have a new start, a new quarterback
MSNBC
Dec 11, 2012 11:00pm PST
that in washington on the fiscal cliff, too. >> let me -- last question for you, suppose the republicans, they don't like the uaw's liberal point of view on politics. >> none of our dues dollars goes to -- very, very little. we raise our money for politics through voluntary contributions. the money that members pay in dues goes to pay for the representation they get. >> okay. well said. let me go to mr. hagerstrom. same tough questions. why are republicans and your organization against unions, because this is pretty much a union gutting operation. you would like to see -- you work for the koch brothers. they don't like unions. why are you working for them? >> you know, i work for americans for prosperity. this is not about the koch brothers. this is about freedom for -- >> who is paying your salary? >> i work for americans for prosperity -- >> who is paying your salary? >> americans for prosperity. i came here to talk about the policy and -- >> who is paying your salary to do it? who is paying your salary to do what you're doing right now? >> i just told you. americans for prosperity. >> what is t
CBS
Dec 6, 2012 7:00pm EST
the fiscal cliff. tonight maryland's senator ben cardin joins me for some perspective from the other side of the river. senator, we're so glad to have you. >> my pleasure. >> we are in the midst of a stalemate, the president holding onto the idea of raising rates, the congress dominated by the mouse republicans saying we want to -- house republicans saying we want to close loopholes. where are you on this and why not have a combination of the two? >> it seems like both sides agree revenues have to be an important side of the equation and that's true. the easiest way to get revenue is through the rates. the senate passed this bill. it's in the house that allows tax relief for up to $250 to become law. that gives predictability and confidence and we can then have the revenue from the higher income to help deal with the fiscal cliff. the problem with closing loopholes is it's difficult to get anywhere near the type of revenue you can get from the rates on the higher income. >> fair enough. now if there is a compromise and you get the rates you want, don't you have to give up something? what
CNN
Dec 5, 2012 6:00pm PST
of dysfunctional people in washington d.c. and this fiscal cliff. you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12 years. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ five days later, i had a massive heart attack. bayer aspirin was the first thing the emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. [ woman ] learn from my story. >>> this week, we made a good faith offer to avert the fiscal crisis. now we need a response from the white house. we can't sit here and negotiate with ourselves. >> that is president obama and the democrats to save you for being higher taxes. >> this fiscal cliff thing, the problem with the republicans larry, is that they have been boxed in by the democrats into a difficult position where th
MSNBC
Dec 5, 2012 8:00am PST
there of the business roundtable, the president just getting into the meat of the matter right now, the fiscal cliff issue that's taking a lot of the oxygen out of the room in washington, d.c. i understand we have the shot back up. let's go back to the president. no audio right now? can we show the president? he's actually taken to holding a hand mike so hopefully they'll get the audio issue figured out but we have congressman debbie wasserman schultz 1257bing by, the chair of the dnc and was listening like all of us were to the president and hopefully we'll get the audio issue revolved. congresswoman, good to have you with us. >> thanks, thomas. >> just as we were about to hear what the president was saying with regards to what's taking place in washington, d.c., with you and your colleagues we lost the audio. the vitriol is well established on both sides. the president and john boehner have reportedly not even taken time to speak to each other when face-to-face yesterday at a white house christmas event but it seems both sides can agree that the sky is blue on the one issue when keeping tax cuts w
CNBC
Dec 6, 2012 6:00pm EST
of projects on hold, though, fiscal cliff. yep, the obstacle is washington all because of the need to sock it to the 2% not the 1.5% and the over 400,000 crowd, the 1%, or the need to fulfill the anti-tax pledge of allegiance many of our congressmen made to grover norquist. he makes the other guys look like crash dummies. we're on the cusp of an economic boom in this country. but we have politicians that would rather create a recession, a mandated economic collapse, let's create a bear market versus rising above. and guess what? these enemies of wealth and job creation may get their way and win. yes, to borrow a phrase from my own rant last time we were on the brink of a washington-inspired financial disaster, they know nothing. shawn in illinois. shawn? >> caller: hello, jim. >> what's up, chief? >> caller: from chicago land. >> done. speak to me. >> caller: -- for some time now, and i just heard a report that their sales revenue from call of duty black ops 2 has topped $1 billion in 15 days. and for the entire "call of duty" franchise has surpassed even "star wars." that's huge, and my q
CNBC
Dec 7, 2012 4:00pm EST
're doing in washington on tax and regulatory policy. in the near term, the fiscal cliff prevails. in the longer term, the fed will prevail. there's so much mistrust on stocks that i think that still can be a positive catalyst for stocks relative to traditional bonds over the next 12 months. >> i'm going to push back a little bit on that. >> i'm going to break the tie in ralph's favor. >> david, i want to push back a little bit on that. in terms of -- like, is the fed really that much of a factor these days now in terms of keeping the market afloat? >> absolutely. >> it's not losing its bang for its buck? >> it's not as powerful as it was in the fall of 2008 or even 2010, but when you consider that, u.s., long bonds, 1.5%. short-term interest rates, zero. negative on an inflation adjusted basis. the cost of capital is so low. i firmly believe in my lifetime this is the most aggressive fed easing we'll see in the last 5i years. that's what's so powerful. >> i think he just hit the ball into your court. >> i don't know how to say it anymore than that. >> i don't know how much more i
CNN
Dec 8, 2012 4:00pm PST
tournament. >>> fiscal cliff grabbing the headlines in washington. that's not the only big event in the nation's capital. next month, president obama will be inaugurated for a second term. that means plenty of turnover among his top advisers. emily schmidt has a first look at the upcoming changes in the president's cabinet. >> reporter: a late november white house photo-op. >> this is a wonderful opportunity for me to meet with my full cabinet. >> reporter: maybe the last glimpse of this picture, an imminent cabinet shuffle is expected. >> president has got a lot of very, very good people to choose from. but he wants to put together a team, especially in international affairs, a team overall that going into a second term does not look like a second team, does not look like a group of second stringers. >> reporter: the likely short list to succeed secretary of state hillary clinton is politically charged. susan rice, the u.s. ambassador to the united nations, is thought to be a leading contender. some republicans have been highly critical of rice following the attack on the u.s. c
FOX News
Dec 8, 2012 7:00pm PST
taking us over that damn fiscal cliff. marijuana is legal in washington, soon to be legal in colorado. wait until you see what they are selling. would gun control really have saved the life of the woman killed by her football-playing boyfriend? all coming up. with the spark cash card from capital one, olaf gets great rewards for his small business! pizza! [ garth ] olaf's small busins earns 2% cash back on every purchase, ery day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve great rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? i took my son fishing every year. we had a great spot, not easy to find, but worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung function starting within five minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. with symbicort, tod
FOX News
Dec 8, 2012 10:00pm PST
for the president on how to avoid taking us over that damn fiscal cliff. marijuana is legal in washington, soon to be legal in colorado. wait until you see what they are selling. would gun control really have saved the life of the woman killed by her football-playing boyfriend? all coming up. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. >> i'm trying to make sure that our voices are heard. there is is a lot of people that turned in ballots that they are not being counted and they are just being disregarded and i feel like that's unfair. >> you get fired up about it because if you are really interested in politics and democracy. you want the system to work. it's clear that they t. just didn't work correctly. >> i don't find it hard to believe that there neighborhoods in the united states where president obama got 97 to 97 a% o
FOX Business
Dec 10, 2012 7:00pm EST
whether washington can work out a deal to avoid the fiscal cliff. stocks rising, well, modestly is a big, strong word for what happened. technology stocks helping the dow up 15 points. the s&p up a fraction, the nasdaq rose nine. trading light. technology stocks strong in the market, and i'm speaking, obviously, comparatively. hewlett-packard setting the tone, leading the sector, not commenting on speculation that carl icahn has been amazing a position in the stock -- amassing a position in the stock. cisco systems -- mcdonald's, also a dow stock rising on news that sales rose 2.5% last month. that stock up just about 1% today. piper jaffray calling apple a $900 stock based on fundamentals. it may be, but it's got a ways to go after today, apple losing $3.43 on the day, $8 above its low of the session and trading slightly higher in after hours. crude oil prices down on the day for a fifth straight session closing at 85.56, the decline in crude also showing up at the pump. the average price of a gallon of gasoline dropping 11 cents, and we're looking at an average price of $3.34 a gallon.
CNN
Dec 10, 2012 6:00am PST
in london. >>> in washington all eyes on the fiscal cliff, now just 22 days away. with the white house and republican leaders at a stalemate, president obama is hitting the road to rally support for his plan, which would raise taxes for the wealthiest americans. he met yesterday with house speaker john boehner, their first face to face meeting in more than three weeks. today the president will visit a detroit engine factory to rally support from auto workers. the president's meeting with speaker boehner didn't yield a big breakthrough, but the men did manage to agree on one thing, and that is that they will keep their negotiations behind closed doors. the men released this identical statement, saying this afternoon the president and speaker boehner met at the white house to discuss efforts to resolve the fiscal cliff. we're not reading out details of the conversation, but the lines of communication remain open. cnn's dan lothian is at the white house this morning. dan, i guess the fact that the lines of communication are open is a good sign. >> reporter: that's right. it is a good sign
CNN
Dec 9, 2012 3:00am PST
, most of us know by know the so-called fiscal cliff is looming and if lawmakers in washington don't come up with a deal our taxes will go up and dramatic spending cuts will affect agencies across the board and that includes the food and drug administration in charge of keeping what we eat safe. our emily schmidt explains what that means. >> there are two agencies responsible for food safety. under sequestration, the job's the same with less funding to make it happen. preparing for the holidays and paul and tress ya bennett's house is a reminder of something else around the corner, a fiscal cliff deadline that's personal here. >> i just can't imagine funding being cut at this point. it would be tragic. >> teresa is worried mandatory cuts would mean. >> closely was in the hospital for two weeks, luke, for three. >> she got listeria from food she ate while pregnant. it affected 48 million people a year. the fda and the food safety and inspection service are charged with inspecting the food supply. an 8.2% budget cut combines. there's no word exactly what cuts would mean to inspector staffin
MSNBC
Dec 11, 2012 2:00am PST
on lawmakers as they try to hammer out a deal on the fiscal cliff before the holiday recess. >>> new details on a navy s.e.a.l. who died during a daring mission in afghanistan. >>> plus, a fireball over texas, and more dogs behind the wheel. good morning, even. i'm lynn berry. there is a renewed sense urgency in washington as house members returned to town today with just 21 days left to avert that so-called fiscal cliff, and if the framework for an agreement isn't reached by the end of the week, lawmakers could be spending christmas in d.c. tracie potts has those good morning. >>> the president sitting down with john boehner, the staff sitting behind closed door, but today republican members come back to capitol hill and boehner may have a problem. >> all these members are going to come back to town, and they're going to want to play a role in these negotiations. >> the house is back today. that means conservative republicans who insist the wealthy keep this year's tax breaks could put the squeeze on their own party. that's the one thing president obama refuses to bend on. otherwise he says
ABC
Dec 8, 2012 1:05am PST
. >>> well, t minus 24 days and counting until the fiscal cliff deadline. no progress was made in washington. the main sticking point are about tax cuts that are set to expire and the president's demand that the wealthy pay more in taxes. the uncertainty of what is going to happen is starting to have an impact on donations to charity. abc7 news reporter ama dates dates is live in the newsroom. >> it is possible the tax deduction for charitable giving could be capped next year. so the question is do you hold on to your money during the financial uncertainty or donate more while youwill get au will get a deduction. for one charity in san francisco it seems people are doing a little of both. the food pantry at the st. anthony foundation is in good shape today, but overall donations are down for the year. >> we are a little bit behind where we would like to be, where we are budgeted to be. >> the interim executive director says the charity is seeing interesting trends this holiday season that may have to do with the impending fiscal cliff. >> we are seeing people who have never given us a stock
KRON
Dec 5, 2012 6:00am PST
in washington president obama is meeting with washington to discuss the fiscal cliff. the automatic government spending cuts that will kick in. republicans and the white house sent to have finally found some common ground both sides agreeing that tax revenue and reductions in entitlement spending for programs like medicare are key elements of this bill. republicans may be softening on raising taxes for the wealthy americans. the white house may be bending on accepting greater spending cuts for medicare and possibly raising the medicare retirement age 65 age from 65 to 67. >> thank you mark. we will take a quick break the time is 6:38. we are following the weather. we have quite a bit of rain coming down quite a bit in the bay area especially in the east bay. george is following a hot spot in interstate 80, a backup sonically basically from berkeley up to the cartoonist bridge. george will let us know why and what is going (male announcer): live from the bay area this is the kron 4 morning news. kron 4 news starts now. >> thanks for watching kron fours bay area news channel. here are the top st
ABC
Dec 9, 2012 5:00pm PST
simply avoid the fiscal cliff to get america's economy growing again. >> still have up certain that -- uncertainty that fuels doubts, stops people from making decision. >> bud washington's top leader, house speaker john boehner, says there has been little progress. >> when it comes to the fiscal cliff threatening our economy and threatening jobs, the white house has wasted another week. >> democrats show no signs of backing off from supporting the president's hard-line stance on raising the incomes tax rate for the rich. >> we democrats realize there have to about two sides to the bargain, but in 2011 we put both revenues and cuts on the table. >> but one republican senator revealed this week that tax increases might help solve america's debt crisis. so far the g.o.p. has stood imeps raising taxes. >> what we ought to be working on is the other 93%, because if you want to do what he wants on tax rates, you affect% of the deficit. we have spent ourselves into a hole and we're not going to raise taxes and borrow money and get out of it. so, will i accept a tax increase as a part
FOX Business
Dec 8, 2012 5:00am EST
be in trouble wi the la. is the season fo giving, but don't let washington fiscal cliff talks cloud your judgment for finding the best cherries for your dope. our experts shares tips on what you need to know. we are on the case next on "the we are on the case next on "the willis report". this family used capital one venture miles to come home for the holidays. that's double miles you can actually use... sadly, their brother's white christmas just got "blacked out." [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the capital one venture card! for any flight, any time! that's double miles you can actually use! how illuminating. what's in your wallet? let me guess, am on the naughty list again? ho ho ho! ♪ gerri: big changes coming to tech giant ibm that may change tech giant ibm that may change the way you save for  - ♪ 'cause people got me estioning ♪ ♪ where is the love - ma'am. you forgot your purse. - thank you. oh. thank you very much. - a message from the foundation for a better life. ♪ gerri: there is the story out there not
CNBC
Dec 10, 2012 9:00am EST
to tune in tomorrow for c innocence's special fiscal cliff coverage, live from washington. mission critical, rise above d.c., all day long, of course, becky, jim cramer, brian sullivan, maria will be holding lawmakers' feet to the fire in direct interviews about where they stand on the fiscal cliff and how they'll do their part to rise above partisan politics and reach a deal. earlier on "squawk box," erskine bowles, the co-founder of the fix the debt campaign, co-chair of fiscal responsibility and reform was asked about the progress he thinks both sides were making. >> i think the atmospherics are getting so much better. we've kind of gotten out of the ka kooky theater and gone to dancing the tango with those two guys. any time you start to tango you got a chance. >> joining us this morning from newton, mass, greg manke, economic adviser to the romney campaign, former chair of economic advisers under george w. bush now an economics prof s professor at harvard and ron johnson, director at the institute for new economic thinking and a senior fellow at the roosevelt institute. skwre
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